All funds received pursuant to authority of this article, whether as proceeds from the sale of revenue bonds or as revenues, fees, tolls, charges, or other earnings or as gifts, grants, or other contributions, shall be deemed to be trust funds to be held and applied solely as provided in this article. The bond owners entitled to receive the benefits of such funds shall have a lien on all such funds until applied as provided in any such resolution, trust agreement, or indenture of the authority.
Section: Previous 46-3-142 46-3-143 46-3-144 46-3-145 46-3-146 46-3-147 46-3-148 46-3-149 46-3-150 46-3-151 46-3-152 46-3-153 46-3-154 46-3-155 NextLast modified: October 14, 2016